Properties located in CAGAYAN VALLEY REGION Cagayan, Isabela, Nueva Vizcaya and Quirino

ITEM PB40 - House and Lot

Title ID : 3932

Lot Area: 481.10 sqm.

Floor Area: 65.00 sqm.

TCT # T-351818 / T-351817

Lots 4442-A-2 & 4442-A-1,

Bo. Osmeña, Ilagan, Isabela

Min. Bid Price : 145,164.00

ITEM PB41 - Residential Lot

Title ID : 13722

Lot Area: 1,041.00 sqm.

TCT # 72649

Lot 767-J, Brgy. San Jose,

Mallig, Isabela

Min. Bid Price : 156,150.00

ITEM PB42 - House & Lot

Title ID : 13721

Lot Area: 702.00 sqm.

Floor Area: 459.00 sqm.

TCT # T-349602

Lots 10086-A & 10086-B,

Brgy. San Jose Sur, Mallig,

Isabela

Min. Bid Price : 406,000.00

ITEM PB43 - Residential/

Agricultural

Title ID : 10235

Lot Area: 2,635.00 sqm.

Floor Area: 128.00 sqm.

TCT # T-329652

Lot 771-A, Rang-Ayan,

Mallig, Isabela

Min. Bid Price : 823,000.00

ITEM PB44 - Agricultural

Title ID : 10237

Lot Area: 10,000.00 sqm.

TCT # T-329650

Lot 767-S, Rang-Ayan,

Mallig, Isabela

Min. Bid Price : 401,000.00

ITEM PB45 - Vacant Lot

Title ID : 10238

Lot Area: 2,729.00 sqm.

TCT # T-329655/T-329656/T-

329657

Lot 767-R-3, Lot 767-R-2, Lot

767-R-1, Rang-Ayan, Mallig,

Isabela

Min. Bid Price : 136,450.00

Min. Bid Price : 140,000.00* Acceptance of bids will be on December 13, 2014, from 8:00-9:00 AMonly, at the 16 participating PNB Branches (see list).

* The winning bidder shall be based on the complying bid with the highest net proceeds to the Bank and in accordance with the Terms of Reference

* Sale is in accordance with the terms and conditions specified in the PNB Purchase Proposal

* In the event that the highest complying bidder fails to comply with the specified payment terms on the Purchase Proposal,

the deposit shall be forfeited as penalty

* DEPOSIT: 10% OF OFFER PRICE - (CASH or MANAGER'S CHECK only)

* The Bank reserves the right at anytime to pull out or update status of the properties in the event discrepancies are found.

* Inadvertent misprints shall not alter the property's factual condition nor shall they be deemed as a misrepresentation of the property

* PRICE & STATUS OF THE PROPERTIES ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE

* PROPERTIES FOR SALE ARE ON AN "AS IS WHERE IS BASIS". Prior to the bidding, bidders are advised to exercise due diligence on the physical and legal conditions of the property.

* Brokers/Referrers of bidders need to be present during the bidding to be eligible for commission

TERMS OF PAYMENT

1. Cash

2. Installment

A. For REGULAR SALE

- fixed 6% interest rate up to 5 years

- fixed 8% interest rate up to 5 to 10 years

B. For PABAHAY BONANZA Program

(properties 5M & below; with 20% deposit requirement)

- fixed 6% interest rate up to 10 years

- fixed 8% interest rate up to 10 to 20 years

Fora copy of the

BIDDING TERMS OF REFERENCE

Email: bautistapjc@pnb.com.ph

ancayanmcd@pnb.com.ph

macadamianb@pnb.com.ph

Trunklines: (02) 891-6040

(02) 526-3131

Locals: 4956, 4290 & 4858

December 13, 2014

Saturday • 8:00 am to 9:00 am

Come to any of the 16 PNB Branches located in Region 2

See back for list of branches

Properties located in CAGAYAN VALLEY REGION

Cagayan, Isabela, Nueva Vizcaya and Quirino